Earnings
Oshkosh Beats on Military ATV Sales
Stock quotes in this article:OSK
Highlighting the boom in its war business, Oshkosh said fourth-quarter sales in its defense-contracting segment soared nearly 55% from a year ago, to $855.4 million.
In what Oshkosh calls its "access equipment" segment -- which refers to cherry-pickers and vertical lifts and the like -- sales plunged 58% to $311 million. Indeed, Oshkosh saw declines in all its business units aside from defense: sales of garbage trucks and compacting equipment fell 40.4% to $130.4 million, while sales of fire trucks and emergency vehicles dropped 16.7%. -- Written by Scott Eden in New York Follow TheStreet.com on Twitter and become a fan on Facebook.TheStreet Premium Services
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